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HomeMy WebLinkAbout2674 _ 13 cation. All Series O bonds sball bear interest from the first day of June or December, as the case may be, nezt preceding the date of such bond to hich interest has been paid, unless the date of such boud is the date to ~~hich intcrest h~ts been paid, in which caise from the date of such bond, or unless the date of snch bond is prior to the first payment of interest, in which case from December 1, 1972. Notwithstanding~the ' foregoing, ~vhen there is no esisting default in the payment of interest on the ~eries O bonds, all Series O bonds authenticated bp the Trnstee after the close of business on any record date (hereby fised as May 15 or I~'ovember I5, as the case may be) nezt prior to any interest payment date (June 1 or llecemUer 1, as the case may be) and prior to snch interest payment date shall be dated as of and shall bear interest from 3uch interest pnpuieut date; provided, ho~vever, that if and to the eztent chat the Company shall defanlt in the interest dne on snch interest pay- - nient date then any such Series O bond shall bear interest from the June j lst or December lst as the case may be, nezt preceding the date of such Series O bond to which interest has been paid, wiless anch interest pap- - i ment date is June 1, 1973, in which case from December 1, 1972. The E person in hose name any Series O bond is registered at the close of ~ business on any record date with respect to any interest payment dato ~ shall be entitled to receive the interest payable on anch interest payment ~ ~ date not~vithstanding the cancellation of snch Series O bond upon any ~ transfer or exchange subsequent to the record date and prior to snch - ~ interest pay~nent date ; provided, however, that if and to the egtent that _ ~ the Company shall default in the payment of the interest due on such _ t interest payment date, such defanlted interest ahall be paid to the per- soiis iu ~rhose names outstanding Series O bonds are registered on the date of payment of such defaulted intereat. Both the principal of and ~ the interest on bonds of Series O ahall be payable at the office or agency of the Company in the City of Chicago, Illinois, in lawful money of Lhe United States of America. The test of the bonds of Series O, and the ~ Trustee's certificate with respect to Series O bonds shall be respectivety substantially of the tenor and purport hereinbefore set forth. ~ ~ Anything contained in Section 16 of the Original Indentnre to the ~ conirar~ not~~•itl~st~nding, the Series O bonds may be engraved, litho- ~ graphed or printed on steel engraved borders, and shall be ezecuted on ~ behalf of the Company in its corporate name with the manual or fac- ~ simile signature of its President or one of its Vice Presidents nnder ~ - ~ - ~ ~ ~ ~ sOGK~~B PACE~~ ~ - _ ~ ~ f ~ F fr:~ : s ^'r'sy g ~ ~ .t°.r ~.~-~~.£~-~.,~.~Et ~.t =^''~',~:..~~^~z^^~^ , . ~ :~~_~`~~`~ra~~